Grains Report 10/20/2026

DJ USDA Grain Inspections for Export in Metric Tons – Oct 19
WA_GR101
Washington, DC Mon Oct 19, 2026 USDA Market News
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED
AND WEIGHED THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING OCT 15, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 10/15/2026 10/08/2026 10/16/2025 TO DATE TO DATE
BARLEY 0 73 195 366 4,727
CORN 672,475 1,313,733 1,324,992 9,131,468 9,345,710
FLAXSEED 0 0 24 96 264
MIXED 0 0 0 49 0
OATS 0 0 0 998 3,492
RYE 0 0 0 0 0
SORGHUM 1,322 392 2,195 12,281 123,411
SOYBEANS 2,001,750 1,109,385 1,591,342 7,159,414 5,654,814
SUNFLOWER 0 0 0 0 0
WHEAT 240,308 307,025 493,487 7,219,804 11,205,426
Total 2,915,855 2,730,608 3,412,235 23,524,476 26,337,844
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
INCLUDES WATERWAY SHIPMENTS TO CANADA

DJ Trump Plans $8 Billion in Payments to Farmers — WSJ
By Patrick Thomas
The Trump administration plans to hand out another $8 billion in direct payments to U.S. farmers who face losses from market disruptions and high fuel costs.
President Trump announced the new round of farmer funding Monday at a campaign rally for Kansas Republican Sen. Roger Marshall, who is in a heated campaign against a Democratic candidate in a race that political rating sites have called a tossup.
The planned payments under a U.S. Agriculture Department program come as America’s farmers are struggling with higher fuel prices from Trump’s war in Iran. Higher fertilizer prices and a recent drop in corn futures prices are also expected to drag on farmers’ profitability as they are in the middle of harvesting their crops. Diesel prices have also surged to more than $6 a gallon this year. Farmers rely on diesel for their equipment such as combines and tractors.
The creation of the Harvest Fuel Relief program comes two weeks before the midterm elections. Republicans with a usually loyal voting bloc of rural farmers are facing difficult races in states such as Iowa and Kansas as farmers sour on some of Trump’s policies.
During the rally, Trump touted his administration’s effort to support farmers, such as increasing the amount of biofuel from crops that must be blended into gasoline and diesel.
“And when the Republicans win, we will pass even more funding for our farmers,” Trump said at the rally. “We love our farmers.”
Government funding has played a bigger role in boosting farmer incomes over the past decade, running from trade war-related payouts during Trump’s first and second terms and rescue funding through the Covid-19 pandemic. More recently, checks are being sent to help farmers deal with low crop prices.
Before the creation of the new program, the Agriculture Department estimated that direct payments to farmers would hit $44 billion this year.
Write to Patrick Thomas at patrick.thomas@wsj.com

WHEAT:
General Comments: Wheat was lower in both markets again yesterday as planting and emergence of Winter Wheat was ahead of normal with much improved weather in the Great Plains. Both sides in the Russia-Ukraine war have reported an export pace more than 50% less than a year ago. The US Winter Wheat planting was 63% complete last week and was 39% emerged. Conditions are mixed in the US Midwest. The weather is now featuring scattered showers for parts of the Midwest along with moderate temperatures after a got week last week. The Great Plains should get scattered showers in all areas.
Overnight News:
Chart Analysis: Trends in Chicago are down. Support is at 645, 636, and 618 December, with resistance at 692, 706 and 711 December. Trends in Kansas City are down. Support is at 693, 657, and 645 December, with resistance at 743, 760, and 780 December. Trends in Minneapolis are not available

RICE:
General Comments Rice closed lower on follow through on despite reports of farm selling as the overall supply scenario remains tight at home and around the world. Damage to unharvested crops is reported from the hurricane and there are worries about El Nino hurting world production. Brazil prices are strong on ideas of short production and El Nino fears for production on the next crop. Harvest is 97% complete. Demand remains moderate to poor for US Rice and was moderate last week. El Nino is threatening production in Asia and Indian prices remain high and are going higher, Trends are up on the daily charts and are up on the weekly charts,
Overnight News:
Chart Analysis: Trends are up. Support is at 1700, 1670, and 1652 November and resistance is at 1749, 1760, and 1772 November.

CORN AND OATS
General Comments: Corn was lower yesterday on reports of good harvest progress. End user buying and no farm selling continue to support overall. Trends are down on the daily charts. There is moderating weather in the western and southern Midwest with a lot of rain in the forecast mostly in the west this week. Harvest has been active in some areas of the Midwest with good but not great yields being reported. Ukraine and Russia are still at war and shipping is very limited in both countries. It should be cooler with drier weather in the Midwest this week. The crop conditions last week were slightly higher from the previous week and below aa year ago. Progress is about normal and the harvest is now 95% mature and 44% complete. Temperatures in the Midwest should be warmer this week amid mostly dry weather. Oats were lower and trends are turning down on the weekly charts.
Overnight News:
Chart Analysis: Trends in Corn are mixed to down . Support is at 464, 458, and 452 December, and resistance is at 486, 505, and 509 December. Trends in Oats are mixed. Support is at 390, 378, and 366 December, and resistance is at 440, 443, and 446 December.

SOYBEANS
General Comments: Soybeans and the products were lower yesterday on great harvest progress and despite big new buying from China. China is expected to buy more cargoes of US Soybeans in the coming weeks but the tariffs will remain high. The harvest was 64% complete last week. Condition was unchanged from the previous week. Warm and dry weather is likely in the north.
Overnight News: China bought 612,000 tons of US Soybeans.
Analysis: Trends in Soybeans are mixed to down. Support is at 1244, 1232, and 1220 November, and resistance is at 1309, 1335, and 1348 September. Trends in Soybean Meal are mixed to down. Support is at 345.00, 343.00, and 337.00 December, and resistance is at 374.00, 380.00,and 386.00 December. Trends in Soybean Oil are mixed to down. Support is at 6600, 6540, and 6480 December, with resistance at 7070, 7170, and 7220 December.

PALM OIL AND CANOLA
General Comments: Palm Oil was higher today on strong exports. Daily chart trends are mixed and weekly trends are mixed to up. Canola was lower yesterday and trends are down on the daiy charts.
Overnight News
Chart Analysis: Trends in Canola are mixed. Support is at 793.00, 782.00, and 770.00 November, with resistance at 844.00, 856.00, and 868.00 November. Trends in Palm Oil are mixed. Support is at 4550, 4490, and 4430 December, with resistance at 4750, 4800, and 4890 December.

DJ Malaysia Oct. 1-20 Palm Oil Exports Rose 78% on Month to 1,084,928 Tons, AmSpec Says
By Ying Xian Wong
Malaysia’s palm oil exports for Oct. 1-20 are estimated to have risen 78% from the previous month to 1,084,928 metric tons, cargo surveyor AmSpec Agri Malaysia said Tuesday.
The following are the major items in the AmSpec estimate:
(All figures in metric tons)
Oct. 1-20 Sept. 1-20
RBD Palm Olein 258,548 126,761
RBD Palm Oil 79,783 65,869
RBD Palm Stearin 75,630 53,540
Crude Palm Oil 326,677 224,732
Total* 1,084,928 608,120
*Palm oil product volumes don’t add up to total as some products aren’t included.

DJ Malaysian PM Cash Market Prices for Palm Oil – Oct 20
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1152.50 +10.00 Unquoted – –
Dec 1187.50 +12.50 Unquoted – –
Jan/Feb/Mar 1232.50 +07.50 Unquoted – –
Apr/May/Jun 1267.50 00.00 Unquoted – –
Jul/Aug/Sep 1262.50 -07.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1157.50 +10.00 Unquoted – –
Dec 1192.50 +12.50 Unquoted – –
Jan/Feb/Mar 1237.50 +07.50 Unquoted – –
Apr/May/Jun 1272.50 00.00 Unquoted – –
Jul/Aug/Sep 1267.50 -07.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1115.00 +10.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Nov 1055.00 +10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 4,560.00 +30.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 435.00 +02.00 Unquoted – –
($1=MYR4.0808)

Questions? Ask Jack Scoville today at 312-264-4322